USCI vs. DJCB

Last updated Jun 4, 2026

USCI (United States Commodity Index Fund) and DJCB (ETRACS Bloomberg Commodity Index Total Return ETN Series B) are both Commodities funds - USCI tracks the SummerHaven Dynamic Commodity (TR) while DJCB tracks the Bloomberg Commodity Index. Both are passively managed. A 0.60 correlation means they provide meaningful diversification when combined. USCI charges 1.03%/yr vs 0.50%/yr for DJCB.

Performance

USCI vs. DJCB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in United States Commodity Index Fund (USCI) and ETRACS Bloomberg Commodity Index Total Return ETN Series B (DJCB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

USCI

• 1D: 0.11%
• 1M: -1.22%
• YTD: 28.22%
• 6M: 26.35%
• 1Y: 40.33%
• 3Y*: 23.15%
• 5Y*: 19.28%
• 10Y*: 8.86%

DJCB

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

USCI vs. DJCB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
USCI United States Commodity Index Fund	28.22%	17.63%	17.24%	-0.00%	29.47%	33.07%	-11.47%	-0.03%
DJCB ETRACS Bloomberg Commodity Index Total Return ETN Series B	0.00%	0.00%	3.39%	-8.96%	16.39%	28.75%	-3.90%	2.27%

Correlation

The correlation between USCI and DJCB is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (All Time) Calculated using the full available price history since Oct 28, 2019	0.60

The correlation between USCI and DJCB shifts across timeframes, from 0.36 (3 years) to 0.60 (all time), reflecting how their relationship changes across market environments.

Return for Risk

USCI vs. DJCB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

USCI

USCI Risk / Return Rank: 74
USCI Sharpe Ratio Rank: 73
USCI Sortino Ratio Rank: 66
USCI Omega Ratio Rank: 66
USCI Calmar Ratio Rank: 84
USCI Martin Ratio Rank: 81

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

USCI vs. DJCB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for United States Commodity Index Fund (USCI) and ETRACS Bloomberg Commodity Index Total Return ETN Series B (DJCB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	USCI	DJCB	Difference
Sharpe ratio: Return per unit of total volatility	2.43	—	—
Sortino ratio: Return per unit of downside risk	3.10	—	—
Omega ratio: Gain probability vs. loss probability	1.41	—	—
Calmar ratio: Return relative to maximum drawdown	4.64	—	—
Martin ratio: Return relative to average drawdown	16.18	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	USCI	DJCB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.43	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.05	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	—	—

Drawdowns

Drawdown Indicators

	USCI	DJCB	Difference
Max Drawdown Largest peak-to-trough decline	-66.41%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-8.73%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-12.01%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.84%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-45.82%	—	—
Current Drawdown Current decline from peak	-3.10%	—	—
Average Drawdown Average peak-to-trough decline	-29.51%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.50%	—	—

Volatility

Volatility by Period

	USCI	DJCB	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.93%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.70%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.44%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.85%	—	—

USCI vs. DJCB - Expense Ratio Comparison

USCI has a 1.03% expense ratio, which is higher than DJCB's 0.50% expense ratio.

Dividends

USCI vs. DJCB - Dividend Comparison

Neither USCI nor DJCB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both USCI and DJCB in my portfolio?

USCI and DJCB have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, USCI or DJCB?

On fees, DJCB is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, USCI or DJCB?

DJCB is cheaper with a 0.50% expense ratio, compared with 1.03% for USCI.

Which ETF pays a higher dividend yield, USCI or DJCB?

USCI and DJCB have nearly identical dividend yields, around 0.00%.

What is the main difference between USCI and DJCB?

USCI tracks SummerHaven Dynamic Commodity (TR), while DJCB tracks Bloomberg Commodity Index. They also come from different issuers: Concierge Technologies and UBS. Their fees differ too: 1.03% for USCI and 0.50% for DJCB.